October 2018
October 2018
In This Issue
Center’s New Home Price Index
Texas Homestead Law
Stocks Versus Homes
Apartment Market Business Cycles
WOTUS Update
Houston’s Floodplain Regulations
Victoria’s Economy

Features

Treading Water
It hasn’t exactly been smooth sailing for the Waters of the United States rule since its adoption in 2015. WOTUS, which sought to define waters that fall under the Clean Water Act, has been challenged, blocked, and rewritten. Take a deep breath because a resolution could be in sight.

Nest or Nest Egg?
A home is more than just a place to sleep and store stuff—it’s an investment. Does it yield a bigger return than investing in the stock market? For people deciding whether to put their money toward a down payment or buy stock, that’s an important question. The answer, though, is complex.

Highs & Lows of Floodplain Regulations
Houston has adopted new building regulations intended to protect homes in the city’s most flood-prone areas. The regulations will increase new-home construction costs, but they could also have human and economic benefits. Whether those benefits will outweigh the cost increases is the big unknown.

Steady as She Goes
Good times and bum times—apartment markets have both. They can also reside somewhere in between, riding a period of slow but steady growth. That’s where apartment markets in Texas’ major metros are currently headed. Find out why.

Curtain Up
There’s no one home price index to rule them all. Still, using repeat sales analysis and splitting homes by price tier can certainly give one an edge over another. With that in mind, roll out the red carpet because the Real State Center’s new Texas Home Price Index has arrived.

Homestead Advantage
When it comes to the state’s homestead law, the tax exemption gets all the attention because it means more money in the bank for homeowners. Equally important are two lesser-known provisions that protect homeowners from creditors and protect occupancy rights. Here’s what you need to know.
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